The Atlanta Georgian. (Atlanta, GA.) 1906-1907, October 25, 1906, Image 11

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THE ATLANTA GEORGIAN. 11 IE REPORTS NEWS AND GOSSIP Of tho Fleecy Staple. Edited by MARkFTC Mr. Lively’s twenty-flvo years* experience of ed iting marlvOts In Atlanta ’ TIPS FLASHED From Wall Street ISTDCKS WERE DULL WO PRICES l’rirn'e Wire to rilhnrt & Clay. '°rk. Oct. 25.—Llrcrpool opened 3 wpwtw on ttil. mri. T, sbodlil open uurhnngHd. Joseph B. Lively IVI/VI\I\L 1 j and the South has made him a recognized au thority In bis sp<4falty. Private Wire to Gibert . & Cloy. Sow Y’ork, Oct. 25.—Daniel Odell & Co.: It uow looks n* though price* may re- AND IRREGULAR government Report Was Followed by a rop of 20 Points. 4,910,000 BALES GINNED price Movement Was Errat ic Aft^' Publication of the Report. M.I tln> lo«» cotton market tL 5 iu*»sd itendy. Truiler. were eery MrroJi about the slnnlnc report, due at “ o m. The fooling locally was that ony- ihlna under LWO.OW bale* would be con- Itracd bnllliMr and cauae an ndrancc. Ilvorpool opened about aa expected thla ■nomine for futures, the opening Tiidng lOTilv l polnta higher. There ni g sharp Seriliie later, the elo«* ahowlng decline* of limit 8 points us compared with yesterday's Slowing Is the. range In ths actlre Mntli» In Llrcrpool today: Open. High. Low. ...5.96H £9J!4 5.87 Ootohor Xovomhep innapy-tebruary. UroliAprll jUr-Jiiin* Spots w ..5.98 . .6.02 ...6.06 Ml ... Mi 6.06H 5.96 DUV .„ quoted 9 noint* lower at 6.23d toMiilddllng; sale* 7,»» ttales. 1 New York at the opening should hare ken unchanged In response to Liverpool Htirei. The opening, however, wns from jo; ikdii th lower for the actlre positions, lud liming the morning session the tend- -icr was downward. The dominant fnctor . was the gorern- lrnt report of the ginning up to October I, pi he Issued by the government at 1 jiSSsiiig by the action of the early mar ket, tin- (rude Is eipoctlug the figures to 'pnrtinMho morning, tho Notional Gin nery Association Issued Its report. It Mured tho ginning at 4,700,000 holes, restilt- fnn lii some selling mid a decPue on Its says In rofersuec to tho gor- ,-nineiit roiiort: "on the evening of Octo ber 23 I Wired the gliiticrs who had re- eeeited me to do so that my forecast of SSui alniied to the Mill was 4,500,000 to 4,- h l mil Inclined to think n total of t , in . hales must lie regarded aa Indica tive u f n moileratc cron and one considera ble under 1.'.0)0.000. A ginning of under kdao.uoo will In- lean than any year excent wa. 1 estimate the total ginned to the tttii as 42 tier cent of the erop. At I O'clock sharp the report by the 1.. . 1,0,1 cobles; "Ooasmnptlon American ll.P67.00O; eetllnnteil require ments this season 12.151,000." .AffMChJpf csliles; "Narrow market; little 0c rS!ii"u'' re,,: Jobbers selling." tyedlctlonq nre for generally (Sir today and tomorrow; cloudy In eastern licit, with cIsIok temperature in tho central section and not much change lu the west, cm licit » '[O' 1 /ahis have declined to report to the FsXn Kil 0 * 511 ?!. 'dt the figures should exceed 5.000. 000. Market heavy nml mi attempt *}}I he made to bluff It on the hull side “ftcr the eenaits. but market will not long stand this hedge selling. ^tow Orleans, Oct. 25—f.lverpool at 3,4 higher closely npproxlmnfes expecta- tlona and should not Materially offset our opening. This market la without nny particular fentore. Boiue quiet liquidation of the Ruic Interest !a now In progress, but the tr 2.u B C0DtMt to await the bureau. The map today Is excellent—clear, dry and cool. Much higher temperatures sre observed lu the northwest, which should Indicate warmer weather for the belt. The eastern forecast indicates fair and colder weather throughout for both tonight and Friday. .The wCktern forecast Indicates fair and warmer weather throughout. WARE & LELAND’SflDAILY STOCK LETTER New York, Oct. 25.-The stock market opened generally heavy nml lower. Traders were bearish and were Inclined to sell stocks on the theory that/they had failed to advance on pood nevts like the in creased Norfolk dividend and might cbnse- qnentlv expect them to work lower. The old dividend rumors have been revived about lirooklyu Itapld Transit. Around midday the markot was dull and feature less. whk a light and diminishing volume of business. Traders were scnlplug smell turns, and some of the usually most tiro traders were not on the floor at isnetlon* were small. The Gatea pi — active In the campaign agnlnst uu Ktatea Steel. Selling by Atwood, Vlolett & Co., C. C. Cates & Co., and Wolfe Bros., was said to have a common origin. There was. however, a very good market for incut of le buhlh D.o-Vt. ngi WAW „. gainst 2,044.026 last month, 4.940, 724 last year sml «,417.0)0 year before last. Immediately a sharp decline of some 20 ilnt, look place, but five minutes later au luiprorcment. though feeble, set ln. Dooem kr gaining 10 points and January 7 polnta from the low point. The odynnee was more the result of shorts taking profits than anything else. 1 ,rt> Net i ompnrntlvo receipts at all United States IncrMBc Total receipts for Are days.,. Kamo days Inst year lucsesie 4.... Total receipts sine* Sept. 1.. Same time last year 1906. New Orleans. 8,000 to 11.JM0 4.612 Galveston lf.000 to 21,000 13,972 Honston 18,000 to 14,000 15.808 The close in New York wns steady, with prices net 31039 points lower. SPOT COTTON MARKET. Liverpool, spot cotton easier: middling tipluml* 6.2*1; sales 7,000: American 6.500; Hiwulatlon and export 400; receipts 7,000; _ Aiii.-rl.nii 4.900. Atlanta, steady at 10%e. New York, dnll at 10.96c; delivered on contrnet 100. New Orleans, eooy at 10%c; delivered on fontmi ‘ *““* Amkii Uavanush, quit. Hi. I .mils, steady at UHc. Hoston, Gull nt llHc. Houston, steady nt 11c. Baltimore, nominal nt 1114*-’- «>n, Ann at 111 “* steady at 11 easy at I0%c, BULLISH OR BEARSSH GINNING FIGURES “There Is a great deal of talk about what figures will be bearish and what bull ish as to the amount of cotton ginned up to October 18,” said one of the belt-posted and most conservative cotton men In New York. . “Speculators nre making ai\ effort to warp the judgment of the market to suit their own purposes. Let us take a fair vlow of tho matter, however. We all kuow what the report up to September 25 wns. We know that It wns 312.060 bales liehlnd that of last year. At the same time, we know that this crop Is very late. What- { rer Influence the Inst report had wns felt s noon as It was received. The question .la, Uoes the ginning promise a large ... a airnffl crop? It has not been a pe riod of pnrtlcufnrly favorable weather for rapid ginning oinslde of Texas, ami the erap Itt BtlII Just as much Inter than fast year as It ever was. Last year glnulng was very henry during this period,- and 2,635,000 bales were ginned. If there has I wen that much ginned during the same time this year, with n crop so much later, It would not, to my mind, be a l>nd show ing. This would make a total for Tliurs _ . Jat than was ginned durlni , In splto of t the last twent; ‘ « the he late crop, and the same time ginned than v.... Inst year, __ __ .... .. •low glnnlng-ontslrie of Texas—lt oeems to me that the showing grill be henrlth; If during the last tweuty days we have gin ned less than 2,636.000 bales, the report will Iw bullish. To expect to catch up the 312,- 000 bales the last report waa behind In twenty days of actual glnnlbg would, of course, be manifestly aboard. —New York Commercial. » R^NGE OF NEW YORK STOCKS AND COTTON MARKETS NANUS OF STOCK. * Amnlanraated Copper .». Atlantic Coast Line. . , . American Sugar Ref. . Auncond.\ American Locomotive. do. preferred. , , . Am. Smelting Ref. # « * do. preferred. . . . Atchison. ....... do. preferred. , . . American Cotton Oil. . Am. Car Foundry. . . Baltimore & Ohio. • • Brooklyn Rapid T. . . Canadian I’aclflc. . . . Chicago & Northern. . Chesapeake & Ohio. . Colorado Fuel & Iron. Central Leather. . . . do. preferred/. . . Chicago A* (treat AY. . Chicago, M. 8f. P N . Delaware & Hudson. . Distiller’s Securities. . Eric do. preferred. . . . General Electrlc. . . . Illinois Central Am. Ice Securities. . . Louisville & Nashville. Mexican Central. . . . Missouri Pacific. . . .. NAME OF STOCK. N. Y.4 Out. Sc Western. National Lead Northern I’aclflc. . . . New York Central. , . No rib) lk i\i Western. . Pennsylvania. . . . , . People’s Gas Pressed Steel Car. . . do. preferred. . . . Pacific Mall. . . .Ok . . Heading. ... s . ... . Republic Stool Book Island. . . . . . do. preferred. . , . United States Rubber, preferred. . , . _ _ , preferred. Sloss-ShelTleM. . . . Trim. Coni & Iron. . Texas & I’aelflo. . . . Union Pacific United States Steel. do. preferred. . , Va.-Car. Chemical. . do. preferred Western Union. Wabash do. prefenrsd. AVIscoiiftin Central, do. preferred. -NEW YOltK. The following Is the range to cotton fd- tores In N>w York today I Closed steady. LIVERPOOL. TLe following table gives the opening range and close, compared with yesterday's dose: Futures oponed stendy. Opening _ Previous her. . . 4.04 *. -Nov 5.96*4 OctoL__. Ofit.-NovP Nor.-Dee.. Dec.-.Tan.. Jon.-Feb,. Feb.-Marc Mnnb-Aprll 6.02 Aprll-May 6.04 -6.0J liny-June 6.06 4.03 Ham;e. Clpse. Close. L '-6.03Va 8.94A4 601 5.89 5.95 6.95 5.90*4 iS r.,94 «.oo ..6. mifl | 4.96 NEW ORLEANS. tures In New ng Is tb Orleans Oct. . . Nov. . . !>ec. . . Jan. . . Feb. . . March. , April. . May.. . June. . Jul, my,. . . Clooeif i i ti sill rriio.*87 n i m H today: 11.00 to.70110.701 lQ~69-t0 10.83 10.83 10.6749 10.61 10.60 10.6041 10.64 10.69 10.09-70 10.75-76 10.89 10.90 10.89-90 10.94-96 11.04 11.04 11.0344 .....11.00-12 ..>.. 11.14-16 n 1UL12 10.90-j 11.01-02 11.11-12 11.17-19 11.81-82 11.36-38 11.43-46 11.48-60 11.67-59 notes on grain Pointers on Provisions. Corn was Ixjflght by commDIson bouses yesterday and sold by professionals. Thcro Is a Iwtter toue to cash markets Id^both corn and oats. , There Is a much better cash demand for oats and receipts are light. Feel friendly THE WEATHER. LOCAL FORECA8T. STOCKS REVIEWED BY NEW YORK SUN TODAY’S PORT RECEIPTS. Tlic following table shows receipts nt the j»rt* today, compared with the same day Npw Orleans. , . , , Galveston Mobile feraniiah t'linrlMitou Wllmlngtou Norfolk ptllldeipbla rort Townsend. . . , Total. 1908 1906 11256 I 9052 9 Tm 11074 11205 1654 1264 6757 8S95 3S78 2188 INTERIOR MOVEMENT. The following table shows receipts at the interior towus today, compared with the day Inst year: lloUitou, Atigustn. Meaiphlu. 14801 3618 *78 3518 ■ 15220 3496 2834 GIBERT & CLAY’8 DAILY COTTON LETTER. »i7^/ r n 't+att9, Oct. 25.—In Liverpool op- o »ns were influenccil by benrlsh estimates hL r °U»* , tnptlon and site of crop by British authorities. Final prices i 5 ,rt points lower than the pro- tioh* days, while In spots 7.000 bslei cbnng- llnni i".*. nt n . loiB ot quotations of 9 points. eniAtil ’ on ,hB ,on * Interest progressed Pending the Jnners* report The ti? ! , » •j® 8 cwtwd sufficiently to Justify »dMn nicking and ginning. This is more ‘rTT* 01,1 u y the continued large uxS* ‘ T'Porteil, and which hnve not tl,p f fLT a tu ri * U ? rt ^ected prices, owing to said f « , l ,nt Octolier comniltmenta are 1 ,0 1,0 heavy and ore not as yet com- New York, Oct. 25.—The 8un*says: “With out nny particularly assignable cause, the security market yesterday wns heavy; sml toward the latter part of the day Weak, so that declines of n point or more were made In the principal stocks. All the sc- tlvo stocks moved In nearly uniform fash Ion. and the market presented few If any features of special Interest. The announce ment that tne^Norfolk and Western had declared a semVnnnunl dividend of 2V4 per cent on the common stock of the road, thus raising the annual dividend distribution on the stork from 4 per rent to 6 per cent, was, of epurse. an Important pleca of news. Knowledge of the fact came, however, when the decline in the market In the after noon bad gathered headway, and It seemed to check the fall but little. — Gibert k Clay. THE LIVE STOCK MARKET. Chicago. Oct. 25.—Ilogs—Estimated ■elpts today 18,000. Market generally dgner; quality fair; left over 4,141; b estlmntod for tomorrow 15,000; t Rhcejv—Ho^lpts 20.06a Market steady to i shade’lower: quality fair; native IM5jf o.45:i western *3.2505.45; yesrtlngs *5.4006; lambs $4.5007.60; western 14.5007.55. NEW YORK COFFEE MARKET. Following Is ths opening range and dose of'm I “ ‘ “ day: New York coffca market for to- Opening January.. .. .. February.. . * March April May June July • .... August.. .»• ... September... /. October.. . . . November December.. . . Closed steady. Bnnge. Close. ..8.254.30. 8*304.35 ..6.394.40 6.404.45 ....6.40 *..6.404.45 .6.504.65 , ,6.664.65 . .6.654.70 ..6.80 ...6.85 6.454.59 6.504.60 6.604.65 6.654.70 6.704.75 6.754.85 6.854.95 i 3 w 6.154.20 6.254.30 pletely fulfilled. However, any enlmlnstlon of present re quirements would doubtlesa witness a grad- -• *c at various th an Incentive Kg* •i he imliits. and Inspires liears ....--r-~ lV , ^ v to become aggressive sud forthwith bring idual deellne In prii*es. Th ;ooay as snnounced were 4. nlnmt census figures 910JJ00 I mica ginned, mouth, 4.910, In«fore last. .«« -b-.-J -v,r.” larger than expected led to geueral soiling and lower prices. against 2.044.026 last . , Mir and 6.417.894 figures Iteing some' GIBERT & CLAY |. r .... STOCKS, BONDS. 1 ALABAMA ST. COTTON. CRAIN. CO FFCC. PROVISIONS, v # * MEMBERS: W V r ! t Rlocl « Rxchange.H New Orlenna Cotton Exchange. I Chicago Board of Trade. W v or H Colt ®» Exchange. I New Orleans Stock Exchange. 1 IJverpool Lotton Ass n. *^w\ork Coffca Exchange. New Orleans Board of Trade. JGsIveaton Cotton Ex. i PRIVATE WIRES TO ALL EXCHANGES. A 0cal lnd Long Distance Telephone 5298. C. E. KEPLINGER, Manager. ATLANTA. CA ALONZO RICHARDSON & CO., PUBLIC ACCOUNTANTS AND AUDITORS Empire Building.. Bell Phone, Main 858. ATLANTA. GEORGIA. For Atlanta and-VIcInlty-Falr and colder tonight; Friday fair. weather"condition8. storm nrea over the upper Mississippi j yesterday morning has continued Its northesstwahl movement and 1s now dis appearing over the upper lukee. It has caused rain In the lake region, upper val leys and northeastern states and slight y warmer weather on Its eastern side. Rain also fell In the central and eastern por tlons of the cotton belt. The high pressore area over the west. - IIIUUUJ IIVIH • ““ plateau region to Tennessee and Georgia. Frost -occurred In Oklahoma. Arkansas Texas, killing at Tnsls. Okln.. sml Bi ger. Tex. This wave Is expected to extend *•-- “ - *--•* •— *—’-‘it ami cauae i secUou and South Carolina. COTTON REGION BULLETIN. meridian time. STATIONS OF DISTRICT. •Atlanta, dear. . . •Chattanooga, dear. Columbus, clear. . . Gainesville, clear. . Greenville, cloudy. . Griffin, dear. . . . •Macon, dear. . . . Montlcello. clear. . . 71 “3* Newnnn. dei Rome, clear. . . . Spartanburg, clear. Tallapoosa, dear. Toceoa, dear. . . West l*olnt. dear •Minimum temperatnrei are for twdlve-bour period ending at 8 a. in. this date. Light frost at Dyersburg. Tenn., Her panda. Miss., Chandler, Stillwater, Okie. Ardmore, and Shawnee. Okie. Killing frost at llnlllnger, Tex., and at nlso. Of ‘ CENTRAL STATION. Atlanta. . . Augustn. . I New Orleans. Oklnhonm. . HavannAh. , Vicksburg. . Wilmington [ 111 ==h 10 Dl.t. AT.racn. m r= T ,w T ludicnto, lnanpn*>lnlil, rnlnrali. REMARKS. , , , Dn-litnllr Inwor t.mp»wtnre> nlilnliiftl In Hi, nortli-ri'iiiriil umi nnrthwp«t,rn |H»r- tlnnn of th, l*lt. Mwl,rnt. fnll. •!"•> «■ purrM In th, potltb-i’MitnU imrtlnn*. Kl«<" wh,ra th, phafilM not liiiiwirtnnt. Th, only ill.trlM. m-,lvln* «i.pr„l«bl, nmonittln of rnln »,r, Temoorarlly In Charge. WEATHER IN COTTON BELT. T,xn.-Han Antcmln. rlmr nnd ijihli Ty l,r. tthprmnn. Kulphur ttprlno, Iluutnii, M,rk,l. Dulillii nnfi AMI,n,, H«ir nnd Mol; Italia, nnfl Bolton, rimr nnd plMMnt; T,m- pi,, t’lwo, I'nlomrln nnd CT. HW and rold: rflon. i-lonr and cold. Iiffht fn«t. Mlosisslpnl—Yaxoo city. Jackson, \lcks- uurt. S,w Allmny. Tup«>lo, Corinth, Holly tiirlnaa, Anwry. ILxWlumt. Natchox and ItriNiMiav.ii. rhrnr nnd root. Alalinn|a-Tmy. Moutfom,ry. nnd HnnM- lll,. vlMir and rnol. . T.nnmw-n—Memphis, clear nnd cold, with heavy fraat. WEATHER FORECAST. frosts nr, reported «t„th* following points: Kllllnit front nt Ba lniter. Tex., mnperalure 20: Tulro. I. T.. Unlit 7r«rt nt Iiyer.lmr*. Teun.. Hernando, Miss.. Okln- bama. Bhawnee, Amite, lai.t Covlnfitan, La., Knliellae. lot. Ix>ul»lnna. MI«»|mIppI >ml Ea«t Texao- Kalr Thnrwlay ami Friday; alawly risla( ‘^ifrorat*—Fair and atlffhtly colder Tborn- ly; Friday fair, ... West Florida sml Alaliama—Fair and *’w”t T T?tna 1 a'nd r Ar£itf«l/ftlr Thorn- ay and Friday. . ' j Tennewn^— Fnlr Thnnalny; cooler to 'hn -nat portion; Friday fair. BUYING WAS GOODi OFFERINGS SMALL Bullish Early News Caused Slight Advance in Price of Wheat. Chicago, Oct. 2S.—Wheat duplicated Its performance of the day before, rul ing strong and higher early, but finally yielding to selling pressure and losing oil-the early gains. Sentiment In the pit at the close was confused. Corn was relatively firm on talk of export business. Oats were rfull and firm. Trade in provisions was large with •{tort covering the feature In lard and At the end prices were 1-lc'lower to I-Sc up . for wheat, 1-8 to l-4@!-8c higher for corn, oats unchanged and hog products tc lower to 8c higher. Argentine wheat shipments for the week were estimated at 47*.000, against 1,846,0»0 bushels last year. Corn (OO.OOO, compared with 1,4:6,000 bush els. T Primary whtmt receipt* wore 1,021,- 000 bushels, against 1,245,000 bushels last year. Clearances wera large, especially from New York, the total wheat and flour evports being 647,000 bushels; corn 224,000 bushels, oats 11,000. Local cash sales were 26,000 buahela wheat, 35,000 bushels corn and 140,000 bushels oats. Seaboard sales were 64,000 buahela wheat, 26,000 buahela corn and 100,000 buahela oats. GINNER’S REPORT INJURES PLANTERS Now York, Oct 28.—The Sun any*: •mall aUvnnro after frequent burking nnd filling was the net result of the dn.v-ufter •mall trading. The market logins to hes itate a little. Whether It Is overbought or not. It hnn the appearance of being overbought. Certainly It needs ►stimulating. If It la to lie lifted to a higher level, for innn mnny nave ueeu leu ,10 oeueve 11 might be by the predictions of late, nun there nre no signs that the outside pub lic Is at all eager to take part In the speculation. Professionals dominate It, aud between them, ns Is usually the cose In a professional market, It ti simply nu affair of diamond cut diamond. Ginning reports have -Injured the planter In recent yenrs. or certs Inly he thinks oo. and there nre those who, therefore. Iielleve It Is nlisurd to expect anything like a favorable report. In that caae there can Ik* no reliance placed on such reports nml addlug this or that percentage with the view of getting at something like the exact figures- Is mere guesswork. As the case stands, the guesses on the glnuers’ report to l»e Issued today range from 4.500.000 to 5,000,000 lioles gin ned to October 18. Putting the total, any, at 4,500,000, It would be alrnut 400,000 toilet less than for a like “■*“* 1,9'jO.OOO less thnu ilui thnt Is, up to October New Orleans, Oct. 25. crat says: ’The snot market took the breath awny from tho average speculator, nnd left the rings lu a cold sweat because of the rlslug basis. Meanwhile, the Indi cated ability of the Bomb to hold actunl cotton vnluea around the current level which entail* n heavy drain on England's treasury, —*‘ "— — ug the Mine period- • 18. two year* ago.’’ 5.—The Time* Demo- 6HICAG0 GRAIN MARKET. for h today follow* ,lD,1 prorl,,on 4 Q0t * t,0UI WHEAT‘S fell i i &UN- % : 9 Dec 38 U May 34% ’Hi/ a PORK— Jan.... 18.76 May LARD— Oct.... 9.85 Nov... 9.20 Jan.... 8.82% SIDES— Act.... (.30 8.25 Jan..,. 7.45 7.47! May * “ £8 9.85 9.80 8.V7H $ KF 8.80 42% 9.80 9.30 9.90 Si m life ik THE LIVERPOOL GRAIN MARKET. i—Open nged. THE PRIMARY MOVEMENT. The following figures give the primary* inrement of wheat nnd com. Wheat-Receipts today 1.021,000 .bushels, against 1.345,000 busbtls last year; ship ments today 575.000 bushels, against 638,600 bushels last year. imiiiii;, the ultimate liquidator of the augmented trade balance lu America a favor can not bring pleasure to the foreign finan cier. but soouer or later the Boiith. ns n whole, must feel the spur of prosperity greatly by comparison with all previous periods. With the mills very, profitably employed, financial expedients sficb as that recently IsunAietUby the Bank of England will hardly be worked In restraint of legit imate trade, consequently the cotton prof ducer has little to fear therefrom, bnglnnd Is essentially a middleman's nation, pur chasing raw material from one people and selling the finished product to nuothcr. and the financing nt high values of several seasons' turnover nt a time when reserve* are* low create* a hole In the British gold pot thnt new gold alone enu fill. Today s census bureau report of cotton glnued up to OetotKT 18 will Indicate the degree of rode further today. Yesterday's market was disappointing, nnd some liquidation mny ensue today. We consider the mar ket still In s trading position, n purchase only on recessions and a sale on bulges. Would not lie surprised ^Jn see the mar ket go down n little, but do not think It will go far. New York Financial Bureau! ‘Norfolk and Western Hs n 5 per cent Issue uow Is ,hlgh enough, compared with ftoutheru Pacific. Bull Jlpa circulate everywhere on Pressed Kteel car, favorably mentioned by f Union clflc, Smelting. Pennsylvania, Atchison, Ueadlui and southern Pacific nre mipimrted about point below closing. If broken or re ived, prices may go lower temporarily, Professional bear tips circulate on 8t. Paul, Fuel, New York Central, Mlssonrt Pacific and Locomotive. Louisville nnd Nashville, Steel nnd Copper should be bought on a scale down." Private Wire to Ware & Leland. New York, Oct. 25.—The Bank of Eng- land rate Is unchnuecd. Americans in Loudou heavy HAH below parity. No notion on Pressed Steel Car common dividend. Gold coming back from Canada. Money still movlug In quantity to Now Orleans. Trade reports Indicate an urgent demnnd for spot pig Iron nil over the country. Better demand for stocks lu loan crowd. M ’ittsburg Coal earnings for w mouths show uet Increase of *700,1 Heavy accumulation of 1 points. wheat at Interior ^.ror.g demnnd for money In London over statement nnd end for month. Canadian Pacific earning* for third week of Oetoimr Increased 244.000. Twenty active rails declined .16 per cent. ATLANTA MARKETS. FRUITS AND PRODUCE. Officially corrected by Atlanta Fruit and 'rodttce Exchange. Pineapples. l3.6Off4.O0. Bananas, straights, j»er hunch, $1.5001-75. Cal la, tK*r bunch, 8L00Q1.25. CALIFORNIA FRUIT (Fancy fifiock)- Klbcrtn peaches, per !h>x, $1.50. Mountain Ilartlett pears, per box, 88.25. Gross plnmA per crate, $2.00. (’oliimbia prunes, per crate, $2.00. Rose Pern grapes. |>er crate, *2.00. Blue MnlroTse grapes, per crate, *2.00. Cocoa nuts, per sack. *4.25. POULTRY AND COUNTRY PRODUCE— Lire hens. 4O042Hc; fries, 22H03Oc; broil- Dreaseil Tries, 18020c ponnri^ “S5027H<?. fund, 20022He; cook- Eggs. |H*r dozen, 31022c. Butter, table, *• lag. per ponnd, nunfiov. Honey, new, 8010c pound; lu one-pound racks. 10012c. VEGETABLES—Irish potatoes, No. 1 njis, per pound, 6c; Navy, $2.10 per tniabel. Onions, i>er bushel, $1.10. New sweet potatoes, 65«f7uc per bushel. FLOURe GRAIN, PROVISIONS. FLOUIt—Postcl's patent. 16.00: Diamond ntent, $5.25: Mnscottlnn Htnr, 14.70: fancy pateut. $4.60; Re«l Engle. 84.25; Blue Ribbon. 18.90: fancy, *3.90; spring wheat patent, *6.00 115.60. CORN—Choice red cob. 70c; No. 2 white, No. 2 mixed, clipped, * d, 47c; 1 Texas rust- 67c; bolted, 149-pound Jutes, per bushel, 62c,* Short*, white, $1.60; medium, *1.40; brown, 81.35; pure bran, 81.20; mixed bran. 81.16. HAY—Timothy, cholco large bales, *V.»*. do., choice muni I bales, 81.10; do.. No. 1 clover mixed, 81.00; do., No. 2 clover mixed, 11.00. Choice Bermuda, 80c. RYE—Georgia, $1.10;^Tennessee, 90c. Bar- Moderate Declines Shown ir the First Hour's Ti’ading. STOP ORDER REACHED Large Part of the Business Was for the Trading Element. New York, Oct. 23.—None of the disturb ing things which. It was feared, might hap pen In today’s foreign markets actually Came to pas*. The English situation, us disclosed In the weekly Imnk statement, turned out to be stronger than anticipated. Our own market moved quite Independ ently of those abroad. American stocks, to lie sure, were down in London, but there was no henry foreign telllag. The main Influence here wns the Inertia which luis been visibly growing for several days In the local speculation and which fs ba«»*d on the Idea that, whether prices work much lower or not, they cannot, under existing circumstances, tie expected to have much of a rise. There was • no urgent liquidation, however, and at mid-day a slightly firmer undertone was disclosed. New York, Oct. 25.—Changes at the open ing of the stock market showed a general decline. Anaconda • started lu V/i lower. Reading declined % and milled H- *'ol- Knel lost %, Chesapeake nnd orado Ohio, shares and Brooklyn Rapid unchanged, but Htecl common mier nu- vmired H- Norfolk and Western opened H lower. I New York,* Oct. 25.—11.00 n. m.—The mar ket has l»een dull aid Irregular for thd, past hour, with prices generally showing moderate declines, due to the closing con tracts In uiauy tenses by tired holders. Htop-orders were reached In a utuul>er of Issues thnt were put lu close to the mar ket and their execution caused declines In stwkN like Union Pacific, Great Northern preferred, Reading, and Pennsylvania. 8t. Pan! advanced then declined 1H nml later milled %. Other railroad stocks fol lowed these movements closely. A large port of the business was for the trading element nnd the transactions were without either Importance or significance. Government unchanged. Other bonds steady. „ . , ..l! ■ LONDON STOCK MARKET. ... _ „ jpi for.' the spot situation has been all that the reasonable producer and consumer should desire, and It Is yet too early to baxanl good money on a radical clinnge for the worse."—Gibert 4c Clajr. COTTON SEED OIL. October. * November. Decemlwr. January. . March. . . May. Kales. 406 March nt 351 SOUTHERN EXCHANGE Oldett Established Office South. COTTON—STOCKS BONDS GRAIN Ground Floor Gould Building. Daily market letter and market manual mnlltd ojunpiill-atlon. > aljpre prim, nre t. a. b. Atlanta. GROCERIES# SUGAR—Standard granulated, 85.20. Now York icfiticd. 4Hc; plantation. 6c. COFFEE—Roasted Arbuckle's. *16.50; bulk In bags or barrels, 13c; green, 10012c. RI(5k—Carolina, 4H07Mc, according to thu grade. CHEESE—Fancy full cream dairy, lSHc; vln*. 15Hf. PROVISIONS—Supreme hams. 15c. Dove hams, 15Hc. California hams, 10c; Red Cross hams, 15c. Dry salt extra ribs, *9.25; lielllea, 20-5 pounds, *10.60; fat backs, *8.26; •plate*. *8.25: Supreme lard. 88.26; Red Cross, 10c; Kuow Drift compound, J10.87H. THE METAL MARKET. New York, Oct. 25.—Tin was weak but quiet. Copper quiet and unchanged. Lend and spelter dull and unchanged. ♦STOCKS- A am I pi runted Copper. . Anaconda.. .. .. .. ... Atchison j . do. preferred Baltimore and Ohio... .. .. Denver nnd Rio Grande.. . . Erie . do. preferred. .. Canadian Pacific ““Inols Central.. .. ». , luuis and Texas.. .. do, nrefcrretl. IeOtilsvIlle nnd Nashville. New Y'ork Central Norfolk and Western... Northern Pacific..* . . Ontario aud Western. Pennsylvania Philadelphia and HerftUfig... Rock Island.. .. .. Southern Pacific Southern Railway ^Io, preferred 8f. Paul Union Pacific United Staten Steel. . do, preferred WalMtsh do, nreferred...v . . Great Western 8T0CK8 AND BONDS. .IIM'-WII *■, Atlanta 6'a, 1911... 1A6 Atlanta 4'a, 1922 107 Atlanta 4's. 1984 106 Atlanta k West Point Itt Atlanta A West Point debts.. 107 Central Hy. of Gs. 1st Income ' 1. 2d Income..,.........,,.., ..... i. 3d Income Georgia 20 Augusta & Knvnnnnh.. 115 Kotjthweiiteru 116 Georgia Pacific Ists in iosii 8* Safe Deposit Boxes CHICAGO CAR LOTS. Today. Tomer. % 48 173 235 L. J. ANDERSON & CO Bapkers and Brokers, COTTON, STOCKS, GRAIN Correspondent's Capital 8250,000 itcrencNce. the ncal bank PHONE 1417. PRUDENTIAL. BLDG HUBBARD BROS & CO •9 MERCHANTS Atlanta Office, 219-221 Century Building. Members New York Cotton Exchange, New Or leans Cotton Exchange, Liverpool Cotton Asso ciation, Chicago Board of Trade, New York Cof fee Exchange, New York Produce Exchange. Business solicited for the above exchanges. Direct wire service. Correspondence invited. Phones 454, Long Distance J9. A.S. Hustace. Mgr. For rent in our vaults in the basement of the ’ * Empire Building for only $5.00 each per annum. Absolute Security and all Modern Conveniences You should not be without one. We Invite you to call and inspect them. Title Guarantee and Trust Co. ATLANTA NATIONAL BANK ATLANTA, GA. C. E. CURRIER, President. I A. E. THORNTON, Vice-President H, T. INMAN, Vice-President. GEO. R. DONOVAN, Cashier. JAMES S. FLOYD, Ait’t Cashlefr Capital $500,000.00 Surplus and Undivided Profits $500,000.00 We Solicit Your Patronage. 3i % Compound Interest Is the rate your money will d^aw If deposited In the SAVINGS DEPARTMENT of CENTRAL BANK 'AND TRUST CORPORATION CAPITAL $500,000.00. STRQNGF, SAFE, CANDLER BLDGF. CONSERVATIVE You are Invited to call and Inspect our quarters and Investigate our facilities to serve you. A hearty welcome awaits you ?t this bank. ASA G. CANDLER. President. W. If. f.'.TTERSON. Vlce-Prec. A. P. COLES, Cashier. JOHN S. OWENS, Vlee-Fres. WM. D. OWENS, Asst. Cashier.